Quantity Funds announced the launch of a new BTC and Gold ETF, allowing investors to access different assets through a single tool. This coincides with ongoing debates among market experts on the value of these assets.
New Bitcoin and Gold ETF
Quantity Funds, in collaboration with Return Stacked, introduced the STKD Bitcoin and Gold ETF. This fund combines BTC and Gold into a single tool, offering investors the chance to invest in two significant assets that can protect against future inflation and currency depreciation. Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin may rise due to inflation caused by warfare. The fund will uniquely operate by providing 100% exposure to Bitcoin and Gold strategies.
The Bitcoin and Gold Debate
Gold advocate and economist Peter Schiff continued the discussion, noting that while discussions focus on Bitcoin's rise to $67,000, gold continues to set records above $2,680. Schiff questioned why gold keeps breaking records despite BTC's stagnation over the past seven months. He referred to a CNBC interview where gold's record levels were not mentioned.
Advantages of the New ETF
David Dziekanski, CEO of Quantity Funds, highlighted that the new fund offers a unique opportunity to diversify investor portfolios across various market conditions and shield potential risks. He mentioned that such products can open new opportunities for those looking into alternative assets investments. Through this ETF, investors can build a more resilient portfolio against inflation.
The launch of Quantity Funds' new ETF underscores the growing interest of investors in tools combining reliable assets like gold and Bitcoin. This move offers additional protection and diversification through integrated investment strategies.